From the category archives:

Real Estate Basics

FREE 150+ Page eBook!!!

February 23, 2014

EDIT : THIS EBOOK IS NOW PART OF OUR FREE NEWSLETTER GOODIES — CLICK HERE OR USE THE SIGN-UP BOX TO THE RIGHT TO SUBSCRIBE AND GET IMMEDIATE ACCESS The response to my two books (The Book on Flipping Houses and The Book on Estimating Rehab Costs) has been tremendous! They are two of the […]

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My Books Are Here!

March 19, 2013

Click Here for More Info or to Order the Books I’m thrilled to announce the release of two books I’ve been working on for much of the past year: THE BOOK ON FLIPPING HOUSES: How to Buy, Rehab, and Resell Residential Properties THE BOOK ON ESTIMATING REHAB COSTS: The Investor’s Guide to Defining Your Renovation […]

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Lessons Learned On House #1

May 1, 2011

Now that we’re finally closed on The Corn House (House #1), I took some time and put together a list of the Top 10 mistakes we made and lessons learned on this first investment of ours. Top 10 Lessons Learned on House #1 If you have any of your own lessons to add (or have […]

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FHA 90 Day Rule – Reminder

November 24, 2010

I was reading the forums over at BiggerPockets.com this evening, and one of the posters over there brought up a topic that I hadn’t really thought about in several months — the FHA 90 Day Flip Rule Waiver expires on January 10, 2011… Given that I’ve sold several houses now in under 90 days using […]

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FHA 90-Day Rule Update

January 17, 2010

First, thanks to the 40 or so people who sent me email about the pending changes to the FHA 90-Day Flipping Rules. And I mean that with all sincerity — I truly appreciate when my readers and colleagues keep me updated on what’s going on in the real estate world. In fact, I was traveling […]

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Fannie Mae: New REO Rules

November 4, 2009

There are plenty of rules and regulations in real estate that make being an investor difficult…unfortunately, as of a couple weeks ago, there’s now one more… It’s been several weeks since we submitted any offers, but as I mentioned the other day, we are in the process of going after about a half-dozen houses this […]

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Getting Your License

September 28, 2009

Given the number of times I’ve been asked whether I think getting a real estate license is a smart move, I thought it was time to address the topic in an article. So, if you’ve been wondering about the benefits and drawbacks of getting your license to benefit your real estate investing business, you might […]

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Lonnie Deals

September 10, 2009

While this site is primarily geared towards flipping houses, I like to use the blog to highlight all the real estate activities of our business, even those that don’t necessarily have to do with rehabbing or flipping. And we’re planning to start branching out just a bit… For those not familiar with the concept, there’s […]

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Responding to Seller Questions

August 21, 2009

I only buy bank-owned foreclosures, and as such, I buy all my properties right off the MLS. But, many (probably most) investors look to take advantage of all the sellers in this market who are desperate to get rid of their homes, either because of a difficult financial situation or a life change (divorce, new […]

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Contractor or Employee?

July 23, 2009

One of the most important aspects of protecting your flipping business against lawsuits and IRS audits is to properly classify your workers as either Employees or as Independent Contractors. If you want more information on this topic, check out our latest article in our Flipping Education section: Employee vs. Independent Contractor

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